Sonnet's 15-minute chart triggers KDJ Death Cross, bearish Marubozu signal

According to Sonnet's 15-minute chart, a KDJ Death Cross and a Bearish Marubozu were triggered at 14:30 on October 10, 2025. This indicates that the momentum of the stock price is shifting towards the downside and may continue to decline, with sellers exerting control over the market.

IonQ (NYSE: IONQ) stock experienced a 2.5% decline in premarket trading on Friday, October 10, 2025, following the announcement of a $2 billion equity offering. The offering consists of 16.5 million shares of common stock and pre-funded warrants to purchase 5,054,000 shares, each priced at $93 per share or warrant. Additionally, the deal includes seven-year warrants to purchase an additional 43,010,800 shares at $155 per share IonQ stock falls after pricing $2 billion equity offering^[1].

The securities will be purchased from the underwriter by an entity managed by Heights Capital Management, Inc., with J.P. Morgan acting as the sole underwriter for the transaction. The price represents a 20% premium to IonQ’s closing stock price on October 9, 2025, while the seven-year warrants are priced at a 100% premium to the same closing price.

Niccolo de Masi, Chairman and CEO of IonQ, stated that the investment provides an opportunity for the company to continue growing and expanding its ecosystem. He noted that IonQ is one of the few quantum companies capable of delivering advanced computing, networking, and sensing solutions across various sectors, including on the ground, in the air, and in space. De Masi also highlighted that this investment is the largest common-stock single-institutional investment in the history of the quantum industry, which will facilitate global growth and accelerate quantum commercialization worldwide IonQ stock falls after pricing $2 billion equity offering^[1].

The market reaction to the announcement suggests that investors are cautious about the potential dilution effect of the new shares and warrants, which could impact the company's valuation. Additionally, the 15-minute chart on Sonnet's platform indicates a KDJ Death Cross and a Bearish Marubozu at 14:30 on October 10, 2025, signaling a shift in momentum towards the downside, with sellers exerting control over the market .

Investors should closely monitor IonQ's performance and the market's reaction to the equity offering to assess the potential implications for the company's stock price and overall valuation.